I just read a blog entry about riffing, (i.e., reduction in forces, being downsized, pink-slipped, fired, etc.), except the term was a South African English one: retrenching. The AHD gives: "vi. 1. To cut down; reduce. 2. To remove, delete, or omit. / vt. To curtail expenses; economize." Makes sense. Have any of you run across this meaning?

http://oreneta.com/baldie/blog/archives/2004/10/a_south_african.asp